Jury finds Martha Stewart guilty

US style guru Martha Stewart has been found guilty of lying to investigators a over a suspicious sale of shares in drug company ImClone.
Ms Stewart was found guilty of one count of conspiracy, two counts of making false statements and one count of obstruction of agency proceedings.

Each count carries a possible five-year jail term and a $250,000 fine.

Ms Stewart’s former stockbroker, Peter Bacanovic, was found guilty of four of the five charges against him.

He was found not guilty of one charge of making a false statement.

The most serious charges of securities fraud, carrying a maximum 10-year jail term, had been dismissed last week.